Terry Simonette, President & CEO
Terry Simonette has worked in the field of community development and community development financial services for the past 35 years. His experience is wide ranging and includes operating as a nonprofit developer, providing technical assistance and training services in several national organizations, serving in the Carter Administration in the Office of Neighborhood Development at HUD, and finally coming to NCB Capital Impact at its inception in 1984.
Simonette joined NCB Capital Impact as its first business development officer, was named President and Chief Operating Officer in 1992, and in 1994 was appointed as President and Chief Executive Officer.
While at NCB Capital Impact, Simonette has promoted an aggressive strategy that has steadily increased the size and scope of the organization each year, and broadened its activities to include a broad spectrum of community investment activities, capacity building and policy development programs. Throughout this expansion, Simonette has focused NCB Capital Impact's sights on escalating its tangible impact on the problems and issues of emerging markets and low-income communities across the country.
"My compass always had a very strong social justice needle, and prior to my time here true north for me was always about leveling the playing field. I have never worked with a finer group of commited, passionate and accomplished people -- and my connection with people is first and foremost my driver. The core value of innovation/change is a principle which is at my core, and to see it embraced by the entire organiation gives me a personal feeling of confidence about our vision fulfilment. And to actually see our progress in operating at scale and making such a significant change in peoples' lives ... this is what continues to drive me."
Jeff Brenner, Chief Financial Officer
Jeff Brenner is NCB Capital Impact's Chief Financial Officer. Jeff's role is to oversee NCB Capital Impact's financial strategy and develop new financial products and tools that link NCB Capital Impact's markets to traditional capital markets. Jeff has 20 years experience in the financial services industry and has spent the last 10 on community and economic development finance for NCB Capital Impact. During this time, Jeff has led NCB Capital Impact in the use of credit enhancements to create loan pools which give borrowers access to long term fixed rate capital normally not available to nonprofit organizations.
"...Simply put, we make a difference. I can't imagine anything better then working at a place that strives to give people access to the basic rights in life. Things like... a small loan to a health center in Arizona allowed construction to be completed and allowed 3000 people/year access to health care."
Carolyn Bauer, Chief Risk Officer
As Chief Risk Officer, Carolyn Bauer oversees development and management of NCB Capital Impact’s enterprise risk strategy consistent with our mission. Additionally, she manages NCB Capital Impact's formal risk management program where key areas of focus include new program development, credit risk, investor and other third party external program compliance, internal process enhancements and development of systems to support processes and provide critical risk management information.
"NCB Capital Impact is not like many other organizations -- it has a mission that is passionately embraced by everyone and a concept around work that makes everyday an interesting and rewarding day. I feel very fortunate that I am rewarded both in heart and mind with the work we do in the communities we serve."
Annie Donovan, Chief Operating Officer
Annie Donovan is Chief Operating Officer for NCB Capital Impact. She currently plays a leadership role in strategy formation, product innovation, policy and capital development for NCB Capital Impact. Prior to that, Ms. Donovan managed NCB Capital Impact’s commercial lending teams, which provide financial services to cooperative businesses and community based organizations across the United States. She has been with NCB Capital Impact since 1993, and has been working in the field of community and cooperative development for nearly 20 years, including service in the U.S. Peace Corps. Current and past board membership includes the Washington Area Community Investment Fund, Cooperative Development Services, Cooperative Development Foundation, The ICA Group, Frontier Natural Products, New Markets Tax Credit Coalition and H Street Main Street. Past and present advisory roles include the National Congress for Community Economic Development and Wall Street Without Walls. Ms. Donovan has an undergraduate degree in Economics and an MBA in Finance.
"What I care most about is breaking the cycle of poverty so that everyone has the opportunity to know who they are, to be their best selves, and to contribute to society."
Scott Sporte, Managing Director, Innovative Community Lending
Scott Sporte is Managing Director for NCB Capital Impact's Innovative Community Lending. He oversees the team that provides financing to community-based health care providers, nonprofit educational institutions, and affiliated organizations nationwide. Scott has over 15 years’ experience in community development finance. Before joining NCB Capital Impact in 1998, he spent five years in Michigan’s Upper Peninsula with a Shorebank-affiliated nonprofit organization providing startup and expansion financing to entrepreneurial businesses. He holds degrees from Kenyon College and Yale Divinity School and serves on the boards of a community-based health organization and a community development loan fund.
"NCB Capital Impact is special because of its mission, and the connection we all share to our work in underserved communities. It is not all about the next deal or the next award, but rather about how our work has had a positive impact on the individuals and communities we serve. This is also a place that cares about its people by affording a measure of flexibility, understanding and support. Few places offer such support for growth and opportunities to be entrepreneurial."